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MetLife Inc. (NYSE: MET)

Insurance - Life Β· New York, NY, United States Β· Founded 1868

$55.0B
Market Cap
$77.08B
Revenue
45,000
Employees
$3.38B
Net Income
πŸ“Š Key Statistics for MetLife Inc. (MET)
  • Market capitalization: $55.0 billion
  • Annual revenue: $77.08 billion
  • Net income: $3.38 billion
  • Employees: 45,000
  • Sector: Financial Services
  • Headquarters: New York, United States
  • Founded: 1868

Source: Statvoo company profile for MetLife Inc.. Browse all 500+ companies

πŸ“‹ About MetLife Inc.

MetLife is one of the world's largest insurance companies, providing life insurance, annuities, employee benefits, and asset management services across more than 40 countries. The company is the dominant provider of group benefits (life, dental, disability, vision) to US employers, covering tens of millions of American workers. MetLife has significant operations in Latin America, Asia, and Europe.

πŸ’° How MetLife Inc. Makes Money

MetLife earns revenue from insurance premiums, investment income on its general account portfolio, and fee income from asset management and retirement products. The group benefits business provides stable, recurring premium income with favorable loss ratios.

πŸ“œ Key Milestones

MetLife was founded in 1868 in New York and grew to become America's largest life insurer. The company demutualized and went public in 2000. MetLife spun off its US retail life insurance business as Brighthouse Financial in 2017 to reduce exposure to capital-intensive variable annuities and focus on group benefits and international operations.

πŸ“Š Financial Overview
Market Capitalization$55.0B
Annual Revenue$77.08B
Net Income$3.38B
Profit Margin4%
Revenue per Employee$1712889K
Stock ExchangeNYSE
Ticker SymbolMET

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

MetLife's iconic blimp and the Snoopy mascot (licensed from Peanuts) were fixtures of American culture for decades before the company retired the Peanuts branding in 2016. MetLife's investment portfolio exceeds $400 billion, making it one of the largest institutional investors in the world.

πŸ“ Analyst Take

MetLife's pivot to group benefits and international markets was the right strategic callβ€”the business is less volatile and more capital-efficient than the retail life insurance it shed. The stock remains cheap relative to the quality of the franchise.

❓ Frequently Asked Questions

What is MetLife Inc.'s revenue?

MetLife Inc. generates approximately $77.08 billion in annual revenue.

How many employees does MetLife Inc. have?

MetLife Inc. employs approximately 45,000 people worldwide.

What is MetLife Inc.'s market cap?

MetLife Inc. (MET) has a market capitalization of approximately $55.0 billion on the NYSE.

When was MetLife Inc. founded?

MetLife Inc. was founded in 1868 and is headquartered in New York, NY, United States.

Who is the CEO of MetLife Inc.?

Michel Khalaf is the current CEO of MetLife Inc..

What is MetLife Inc.'s website?

MetLife Inc.'s official website is metlife.com.